What would be the terminal value of a Gold Mine with a reserve life of 3 years

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What would be the terminal value of a Gold Mine with a reserve life of 3 years if:

Yearly Cash Flows:

Year 1 $25 million

Year 2 $20 million

Year 3 $15 million

WACC is 18%

Related Book For answer-question

Advanced Accounting

ISBN: 978-1259444951

13th edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni

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Posted Date: Jan 19, 2021 10:21 AM

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What would be the terminal value of a Gold Mine with a reserve life of 3 years

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At first Terminal value beyond the cannot be calculated Terminal valu... View the full answer

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